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A US lawyer has been found guilty for his role in the $5 billion OneCoin cryptocurrency scam and is facing a 50 year jail sentence. The scheme’s mastermind, Dr Ruja Ignatova, is still missing. She is believed to have defrauded million of investors worldwide and has been dubbed the “Cryptoqueen”. Mr Scott’s lawyers had said […]

Asian stocks rose on Tuesday, bolstered by new momentum in Sino-U.S. efforts to end their acrimonious trade dispute and as Chinese e-commerce giant Alibaba made a strong Hong Kong debut in the world’s largest share sale this year. Asian Stocks MSCI’s broadest index of Asia-Pacific shares outside Japan (MIAPJ0000PUS) rose 0.4% to a one-week high. Australian shares […]

Asian shares staged a cautious rally on Monday as investors dared to hope for some progress in the endless Sino-U.S. trade dispute, while the outperformance of recent U.S. economic data gave the dollar a leg up on its peers. Asian shares MSCI’s broadest index of Asia-Pacific shares outside Japan bounced 0.7%, after losing 0.4% last […]

Asian equities posted a mild bounce on Friday from three-week lows hit the previous day, with persistent worries over the status of trade negotiations between China and the United States limiting the gains. Asian Shares MSCI’s broadest index of Asia-Pacific shares outside Japan .MIAPJ0000PUS climbed 0.12%, recovering from Thursday’s drop of as much as 1.4%. […]

Global stocks slid further on Thursday as the standoff between the world’s two largest economies extended beyond trade, reducing the odds of a “phase-one” deal this year and forcing investors to seek shelter in safe-haven assets. Global Stocks European shares extended their losses from Wednesday with the pan-European STOXX 600 (STOXX) and the trade-sensitive Germany’s […]

Shares retreated in Asia on Wednesday after Japan reported its worst monthly decline in exports in three years, putting pressure on the economy as growth slows following a sales tax hike. Asian Markets Japan’s Nikkei 225 index NIK, -0.62%   declined 0.8% after customs data showed the country’s exports falling 9.2% in October. Hong Kong’s Hang Seng HSI, -0.75%   dropped […]